Other · DOL Form 5500 · 2023

Boston Medical Center Retirement Plan

Data updated 2026-08-11

$1.5B
Total assets
10,493
Participants
99th
Percentile by assets
$138,909
Avg per participant
PlainRetire home → About this data

Official DOL plan name: Boston Medical Center 403(b) Retirement Plan · Sponsored by Boston Medical Center · Massachusetts · Healthcare & Social Assistance

$1.5B in assets, 10,493 participants

Boston Medical Center's Boston Medical Center 403(b) Retirement Plan reported $1.5B in total assets and 10,493 participants in its 2023 DOL Form 5500 filing, ranking in the 99th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

  • 99th percentile by assets (of 127,072 plans)
  • #17,546 in Healthcare & Social Assistance (17,684 peers)

Coverage in Massachusetts

Boston Medical Center 403(b) Retirement Plan covers 10,493 participants in Massachusetts, 16x the typical Massachusetts plan (state average ~659 per filing). Assets: $1.5B.

$1.5B
total plan assets (2023 EOY)
10,493
covered participants
99th
percentile by assets (of 127,072 plans)
$138,909
avg assets per participant

What changed between DOL Form 5500 filings

plan year 2022 → plan year 2023

  • Boston Medical Center 403(b) Retirement Plan reported net income rose from -$215M in the plan year 2022 filing to $234M in the plan year 2023 filing.
  • Boston Medical Center 403(b) Retirement Plan reported participants rose from 8,481 in the plan year 2022 filing to 10,493 in the plan year 2023 filing.
  • Boston Medical Center 403(b) Retirement Plan end-of-year assets rose from $1.2B in the plan year 2022 filing to $1.5B in the plan year 2023 filing.

See the national 2022→2023 release diff →

Participants vs Massachusetts filers

In Massachusetts, the average filing covers about 659 participants across 4,265 plans. Boston Medical Center 403(b) Retirement Plan reports 10,493 participants - 16x that state average ($1.5B EOY assets).

Massachusetts filing particulars

Total Assets (Beginning of Year)$1.2B
Net Assets (End of Year)$1.5B
Net Income$234M
Employer EIN043314093
Plan Effective Date1996-07-01
Filing StatusFILING RECEIVED

Sponsor Plan History (Boston Medical Center)

$1.2B$1.4B$1.6B$1.8B$2B 202220232024 $1.39B $1.87B ▲ +34.5%
Total plan assets by year, all Boston Medical Center plans on file
Year Plans Participants Total Assets
2022 2 8,608 $1.4B
2023 2 10,603 $1.6B
2024 2 11,484 $1.9B

Nearby Other Plans in Massachusetts

Peer Other plans, same state, same plan type, ranked by total assets.

Boston Medical Center 403(b) Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Boston Medical Center 403(b) Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants Scatter plot of 6 data points. 500010000150002000025000 12345 Total assets ($B) Participants Boston Medical Cente…The Mitre Corporatio…Harvard University T…Boston University Re…Beth Israel Deacones…Northeastern Univers…
Boston Medical Center 403(b) Retirement Plan vs. nearby Other plans in Massachusetts, assets vs. participants

Scale composition for Boston Medical Center 403(b) Retirement Plan

Boston Medical Center 403(b) Retirement Plan reports $1.5B in end-of-year assets across 10,493 participants (0.012% of the $12.3T held by all Form 5500 filers in the national rollup , and 0.011% of 93,925,755 covered participants) - about $138,909 per participant (1.0x the national average assets-per-participant) . Net income for plan year 2023 was $234M.

This plan identity (EIN 043314093, plan #002) has 3 Form 5500 filings on file from 2022 to 2024 , with end-of-year assets moving from $1.2B to $1.7B (+40.1%) while covered participants moved from 8,481 to 11,386 . Single-year sparse filers cannot show that trail.

Plan year Participants EOY assets Filing
2022 8,481 $1.2B Open filing
2023 10,493 $1.5B This page
2024 · index core 11,386 $1.7B Open filing

The same sponsor also keeps 2 other index-core plans on PlainRetire:

Similar-Sized Other Plans Nationally

Other plans in other states closest to Boston Medical Center 403(b) Retirement Plan by total assets, not by location.

Frequently Asked Questions

How did Boston Medical Center 403(b) Retirement Plan assets move in 2023?
Boston Medical Center 403(b) Retirement Plan grew sharply - up 19.1% during 2023, from $1.2B to $1.5B. Reported net income was $234M.
How have Boston Medical Center plan assets changed over time?
Across 3 plan years on file (2022-2024), Boston Medical Center's sponsor-wide assets grew 35.2%, from $1.4B to $1.9B.
Where does Boston Medical Center 403(b) Retirement Plan rank by assets among Form 5500 filers?
Boston Medical Center 403(b) Retirement Plan ranks in the 99th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (among the largest 1% of all filed plans).
Which Other plans are similar in size to Boston Medical Center 403(b) Retirement Plan?
Among Other plans in other states, the closest by assets is The Moses H. Cone Memorial Hospital Voluntary Savings Plan in NC ($1.5B, 13,606 participants).

Next read for Boston Medical Center 403(b) Retirement …

Filing takeaways

Ways to act on Boston Medical Center 403(b) Retirement Plan's numbers.